DOVER, Del. – Japanese auto parts supplier Takata is asking a Delaware bankruptcy judge for an injunction prohibiting the governments of Hawaii, New Mexico and the U.S. Virgin Islands from prosecuting lawsuits involving the company’s lethally defective air bag inflators.
In a complaint filed Thursday, Takata also is seeking to extend the automatic halt of litigation against a company in bankruptcy to hundreds of individual lawsuits against automobile manufacturers who installed the faulty air bags.
The judge will hold a telephonic status conference on Takata’s request Tuesday.
Takata says allowing the lawsuits to proceed would seriously jeopardize its restructuring efforts, including the planned sale of most of its assets to a Chinese-owned rival for $1.6 billion.
Takata was forced into bankruptcy amid lawsuits, multimillion-dollar fines and crushing recall costs involving the air bags.
Local journalism is essential.
Give directly to The Spokesman-Review's Northwest Passages community forums series -- which helps to offset the costs of several reporter and editor positions at the newspaper -- by using the easy options below. Gifts processed in this system are not tax deductible, but are predominately used to help meet the local financial requirements needed to receive national matching-grant funds.
Subscribe to the Coronavirus newsletter
Get the day’s latest Coronavirus news delivered to your inbox by subscribing to our newsletter.